Best strategy while travelling

I am 30, earn $250,000 (likely to decrease shortly), work/rent in Brisbane, have a house which is rented out in Perth (purchased a few years ago for $550,000 with effectively no mortgage - offset account is filled with cash of $440,000), and have a separate high interest (4.6 per cent) savings account of $75,000. Current investment strategy is simply to continue to grow the savings account.

My partner is in a fairly similar position to me though lower income and her house is not yet fully offset so no 'excess' savings. We haven't looked at any other investment strategies as we intend to backpack around the world for 1-1.5 years leaving in approximately one year's time, living off rental incomes and savings. Once we return we'll probably settle down, have kids, etc. Is this a sensible strategy or essentially a wasted opportunity? What is a better strategy?

ANSWER:

I think you’re doing very well for someone aged 30. The fact you own a debt-free house is a great start. Personally, I think it’s great that you’ve put yourself in your present position, and I totally endorse your strategy about travelling around the world before the babies come.